Insider Buying: Michelmersh Brick Holdings plc (LON:MBH) Insider Acquires 20,000 Shares of Stock

Michelmersh Brick Holdings plc (LON:MBH) insider Robert Fenwick bought 20,000 shares of the company’s stock in a transaction on Monday, April 22nd. The shares were acquired at an average price of GBX 100 ($1.24) per share, for a total transaction of £20,000 ($24,703.56).

Michelmersh Brick Stock Down 2.6 %

Shares of Michelmersh Brick stock opened at GBX 97 ($1.20) on Friday. The company has a debt-to-equity ratio of 1.55, a current ratio of 2.44 and a quick ratio of 1.56. Michelmersh Brick Holdings plc has a 1 year low of GBX 75 ($0.93) and a 1 year high of GBX 108 ($1.33). The firm’s 50-day moving average is GBX 97.66 and its two-hundred day moving average is GBX 92.33. The stock has a market cap of £90.87 million, a price-to-earnings ratio of 970.00 and a beta of 0.94.

Michelmersh Brick Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 10th. Shareholders of record on Thursday, June 6th will be issued a dividend of GBX 3 ($0.04) per share. This represents a yield of 2.96%. This is a boost from Michelmersh Brick’s previous dividend of $1.50. The ex-dividend date is Thursday, June 6th. Michelmersh Brick’s dividend payout ratio is presently 5,000.00%.

About Michelmersh Brick

Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton brand; prefabricated brick components under the FabSpeed brand; various bricks under the Floren.be brand; and clamp-fired stock facing bricks in various colours and textural finishes under the Freshfield Lane brand.